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Arca Launches Actively Managed ‘Digital Yield’ Fund

The fund is targeting effective yields in the low double digits.

Digital-asset management firm Arca launched its Arca Digital Yield fund Monday, which it says is the first actively managed income fund in the digital-assets sector.

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  • The fund seeks to offer a digital-asset investment with minimal volatility and is targeting effective yields in the low double digits.
  • The fund was opened with early access capital from internal and existing investors, and will be available to other investors later this year.
  • Arca Chief Investment Officer Jeff Dorman and portfolio manager Hassan Bassiri will jointly manage the new fund.
  • Dorman said in a statement he believes an actively managed fund was a better option than the passive funds currently available because it allowed Arca to take advantage of variable rates of return across different segments of the digital-asset class.

Nelson Wang

Nelson edits features and opinion stories and was previously CoinDesk’s U.S. News Editor for the East Coast. He has also been an editor at Unchained and DL News, and prior to working at CoinDesk, he was the technology stocks editor and consumer stocks editor at TheStreet. He has also held editing positions at Yahoo.com and Condé Nast Portfolio’s website, and was the content director for aMedia, an Asian American media company. Nelson grew up on Long Island, New York and went to Harvard College, earning a degree in Social Studies. He holds BTC, ETH and SOL above CoinDesk’s disclosure threshold of $1,000.

Nelson Wang